Call reports 2010
CUSTOMERS BANK — 2010
What CUSTOMERS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 503,983,000 | 633,509,000 | 1,026,301,000 | 1,374,407,000 |
| Total loans | 330,592,000 | 468,580,000 | 822,437,000 | 878,942,000 |
| Allowance for loan losses | 13,364,000 | 12,236,000 | 14,621,000 | 15,129,000 |
| Securities available for sale | 37,321,000 | 11,986,000 | 11,262,000 | 205,829,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 424,271,000 | 553,026,000 | 904,345,000 | 1,245,682,000 |
| Interest-bearing deposits | 391,718,000 | 509,999,000 | 835,910,000 | 1,173,597,000 |
| Noninterest-bearing deposits | 32,553,000 | 43,027,000 | 68,435,000 | 72,085,000 |
| Equity capital | 65,403,000 | 65,659,000 | 97,113,000 | 105,140,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,920,000 | 9,674,000 | 19,140,000 | 30,907,000 |
| Interest expense | 1,637,000 | 3,760,000 | 6,980,000 | 11,546,000 |
| Net interest income | 2,283,000 | 5,914,000 | 12,160,000 | 19,361,000 |
| Noninterest income | 351,000 | 1,061,000 | 42,503,000 | 44,302,000 |
| Noninterest expense | 3,534,000 | 7,168,000 | 18,527,000 | 25,964,000 |
| Provision for loan losses | 4,372,000 | 5,422,000 | 9,497,000 | 10,347,000 |
| Pretax income | -4,970,000 | -4,539,000 | 27,750,000 | 28,466,000 |
| Income tax | 0 | 0 | 4,455,000 | 4,731,000 |
| Net income | -4,970,000 | -4,539,000 | 23,295,000 | 23,735,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,521,000 | 65,696,000 | 97,198,000 | 107,036,000 |
| Total capital | 70,098,000 | 70,794,000 | 104,824,000 | 115,147,000 |
| Risk-weighted assets | 227,796,000 | 271,090,000 | 473,419,000 | 544,638,000 |